Bome's Midi Translator is crap, just writing for historic reasons, not that some people might believe what is written above.
What can not be solved by Midi-Ox alone? If you find anything, the tool to chose, if you want best tool, is keykit by Tim Thompson, you can combine it with AutoHotkey, and getting infinite possibilities, all Bome can only dream of.
Now anyone can decide.
If you are on linux,for simpler stuff even sendmidi, receivemidi command line tools might be even enough, when combined with xbindkeys for example.
Plus there is already Oscii-Bot.